Key facts
- This page summarizes MANCHESTER MANAGEMENT CO LLC's Form 3 filing for BRAIN SCIENTIFIC INC..
- 0 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 04 Aug 2022, 21:01.
MANCHESTER MANAGEMENT CO LLC - 15 Jun 2022 Form 3 Insider Report for BRAIN SCIENTIFIC INC.
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 15 Jun 2022
- Net transaction value
- $0
- SEC form
- 3
- Accepted by SEC
- 04 Aug 2022, 21:01:23 UTC
- Prior SEC filing
- 10 Aug 2022
- Next SEC filing
- 16 May 2023
- Source filing
- View source filing
- Reporting owner signature
- Manchester Management Company, LLC By: /s/ James E. Besser Managing Member
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
MANCHESTER MANAGEMENT CO LLC filed Form 3 for BRAIN SCIENTIFIC INC. on 04 Aug 2022.
Change
- Previous filing in this sequence was filed on 10 Aug 2022.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Official SEC source
View source filing
Ownership activity is grounded in SEC Form 3 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
BRSF
holding
Common Stock, $0.001 par value
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 19,545,187
- Date
- 15 Jun 2022
- Ownership
- See Footnote
- Footnotes
- F1
BRSF
holding
Common Stock, $0.001 par value
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 12,816,831
- Date
- 15 Jun 2022
- Ownership
- See Footnote
- Footnotes
- F2
BRSF
holding
Common Stock, $0.001 par value
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 8,028,706
- Date
- 15 Jun 2022
- Ownership
- Direct
- Footnotes
- F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
BRSF
holding
Derivative
Common Stock Purchase Warrant
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 15 Jun 2022
- Ownership
- See Footnote
- Underlying class
- Common Stock, $0.001 par value
- Underlying amount
- 8,353,622
- Exercise price
- $0.2500
- Footnotes
- F1, F4, F5
BRSF
holding
Derivative
Common Stock Purchase Warrant
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 15 Jun 2022
- Ownership
- See Footnote
- Underlying class
- Common Stock, $0.001 par value
- Underlying amount
- 4,784,294
- Exercise price
- $0.2500
- Footnotes
- F2, F4, F5
BRSF
holding
Derivative
Common Stock Purchase Warrant
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 15 Jun 2022
- Ownership
- Direct
- Underlying class
- Common Stock, $0.001 par value
- Underlying amount
- 3,046,018
- Exercise price
- $0.2500
- Footnotes
- F3, F4, F5
BRSF
holding
Derivative
Common Stock Purchase Warrant
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 15 Jun 2022
- Ownership
- Direct
- Underlying class
- Common Stock, $0.001 par value
- Underlying amount
- 1,251,171
- Exercise price
- $0.3500
- Footnotes
- F3, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
The reported securities and warrants are owned directly by Manchester Explorer, L.P. ("Explorer") and may be deemed to be indirectly beneficially owned by (i) Manchester Management Company, LLC ("Manchester Management"), the general partner of Explorer, (ii) Manchester Management PR, LLC ("Manchester PR"), the investment adviser to Manchester Management, (iii) James E. Besser, the managing member of Manchester Management and Manchester PR, and (iv) Morgan Frank, who serves as a portfolio manager and as a consultant for Explorer. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Footnote F2
The reported securities and warrants are owned directly by JEB Partners, L.P. ("JEB Partners") and may be deemed to be indirectly beneficially owned by (i) Manchester Management, the general partner of JEB Partners, (ii) Manchester PR, the investment adviser to Manchester Management, and (iii) James E. Besser, the managing member of Manchester Management and Manchester PR. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Footnote F3
The reported securities and warrants are directly owned by James E. Besser in his personal capacity.
Footnote F4
The reported warrants are exercisable as of the issue date, subject to certain conditions.
Footnote F5
The reported warrants expire at 5:00pm E.D.T. on the fourth anniversary of the issue date, subject to certain conditions.
Footnote F6
The reported warrants are subject to a blocker provision that prevents James E. Besser from exercising the warrants if he would be more than a 4.99% beneficial owner of the Common Stock, $0.001 par value, following such exercise. The foregoing description of the warrant does not purport to be complete and is subject to and qualified in its entirety by reference to the Common Stock Purchase Warrant included as Exhibit 4.1 of the Issuer's 8-K filed on October 7, 2021, which is incorporated by reference.